Industry Analysis & Industry Trends
Revenue for the Aluminum Smelting industry in China has been growing at an average annualized rate of 6.2% between 2011 and 2016 to $89.8 billion. As a basic metal, aluminum has a wide variety of applications within the Building Construction (IBISWorld industry report 4710), Automobile Manufacturing (3721), Power Grid Construction (4725), and packaging material industries. These downstream industries are promoted by China's booming economy and rising urbanization.
With increasing downstream demand for aluminum products over the past three decades, aluminum-related industries developed rapidly, expanding output capacity as product prices appreciate. Alumina output, the major material for primary aluminum, has increased from 3.3 million tons in 1998 to 58.7.... purchase to read more
Industry Report - Industry Key Buyers Chapter
In 2016, the top four enterprises in the industry are expected to account for 37.8% of industry revenue, representing a medium industry concentration level. The largest aluminum manufacturer, Aluminum Corporation of China Limited (CHALCO), is expected to generate 16.6% of industry revenue during the year.
The industry concentration level for alumina is much higher than for primary aluminum. In 2011, the output share of primary aluminum for the top four manufacturers was estimated to be 41%, while the share of alumina is estimated to be 69%.
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